Petrol Diesel Price Rate Today: A litre of petrol today costs Rs 76.79 in Mumbai and Rs 71.18 in Delhi. Diesel, on the other hand, costs Rs 69 in Mumbai and Rs 65.86 in Delhi

File photo&nbsp | &nbspPhoto Credit:&nbspBCCL

New Delhi: State-run oil marketing companies kept the retail petrol and diesel prices static across major cities of the country on Wednesday (May 15). In national capital Delhi, petrol is being sold for Rs 71.18 per litre while diesel costs Rs 65.86 a litre, no change compared with yesterday’s price.

Worth mentioning here is that the retail prices of petrol and diesel were reduced in the country for the six consecutive days. On Tuesday, Petrol prices in all the metro cities fell by 25-26 paise per litre while diesel became cheaper by 12-13 paise. However, thanks to lower taxes in Delhi, fuel prices are the cheapest in the Capital among all metros and most state capitals.

In Mumbai, people have to pay Rs 76.79 for a litre of petrol while diesel costs Rs 69 per litre, as per data available with Indian Oil Corp website. Similarly, in Kolkata, petrol and diesel are selling for Rs 73.25 a litre and Rs 67.61 per litre, no change in rates against Tuesday's rates.

Citizens in Chennai have to shell out Rs 73.88 for a litre of petrol while diesel retailed at Rs 69.61 per litre. In Noida also, petrol price remained static at Rs 70.91 and diesel price at Rs 65.04. In Gurugram, petrol, diesel prices remained stagnant at Rs 71.42 and Rs 65.12 respectively.

The fuel price in the country is dependent on the global crude prices and the rupee-US dollar exchange rate as India imports 80 per cent of its crude requirements. So far this month, the petrol price has been slashed cut by Rs 1.9-2.02 per litre in Delhi, Mumbai, Kolkata and Chennai, and the rate of diesel slashed by 83-85 paise a litre.

On Wednesday, in the international oil market, crude prices eased amid data showing a rise in US crude stockpiles, but prices were backed by escalating tensions in the Middle East. International Brent crude futures were at trading USD 70.90 per barrel, down 41 cents, or 0.7 per cent, from their last close.

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